China Becomes Main Source of Imported Clothing for Indonesia
The Central Statistics Agency (BPS) noted that in July 2024, the value of clothing imports increased, especially from China. Imports of knitted garments and accessories (HS 61) grew by 55.46% month-on-month. Meanwhile, non-knitted garments and accessories (HS 62) rose by 29.91%. HS 61 mainly came from China, Vietnam, Bangladesh, Turkey, and Italy. Similarly, most HS 62 imports came from China, followed by Bangladesh, Vietnam, Hong Kong, and Morocco. Meanwhile, the value of footwear imports from China increased year-on-year
Foreign Enterprises Investing in New Capital Exempt from Compensation for Foreign Workers
Indonesia Cracks Down on Illegal Imports, Three Operations Seize Rp100 Billion in Goods
2025 Indonesia (APBN) National Budget Plan
Indonesian Property Tycoon Very Optimistic After Seeing New Capital Development
China Remains Main Source of Indonesia's Garment Imports
The Central Statistics Agency (BPS) acknowledged that the import value of garments under HS codes 61 and 62 increased by 55.46% and 29.61% month-on-month (mtm). By country of origin, HS 61 goods, consisting of knitted garments and accessories, come from China, Bangladesh, Turkey, and Italy. Meanwhile, HS 62 goods, comprising non-knitted garments and accessories, come mostly from China, Bangladesh, Vietnam, Hong Kong, and Morocco. In fact, imports of ready-made garments have increased, particularly HS 61 knitted garments and accessories and HS 62
Changes in Indonesia's Best-Selling Electric Vehicles
Wuling Air EV made waves when it was first launched in 2022 as the first locally produced electric vehicle in Indonesia, priced at around IDR 240 million. At the same time, rival Hyundai was selling the Ioniq 5 at IDR 800 million. Wuling Air EV was once the king of EVs in Indonesia, selling thousands of units monthly, but now Air EV must face many competitors, including models from the same brand, and its sales are shrinking. A Wuling PR manager stated that consumers now have more choices, as Wuling also has
Chinese EV Company Plans to Build Charging Facilities in Indonesia
Chinese automaker BYD has acknowledged that it has begun reviewing its long-term roadmap for business development in Indonesia. BYD Auto Indonesia's Marketing and Communications Director stated that this development includes providing charging station facilities in public places, ultimately supporting the use of electric vehicles as daily transportation. Regarding public charging facilities for EVs, BYD is reviewing its long-term development roadmap, considering that this also involves investment and certain procedures in other aspects. Given that BYD only started delivering vehicles to consumers in the past two months, when deciding on long-term plans,
President Jokowi to Attend Inauguration of Alumina Smelter in West Kalimantan
President Jokowi is scheduled to inaugurate the Alumina Smelter (SGAR) project in Mempawah, West Kalimantan Province in September 2024. This was conveyed by INALUM's Business Development Director when Jokowi visited the MIND ID booth at the 2024 Environment, Climate, Forestry, and New Renewable Energy (LIKE) Festival held at the Jakarta Convention Center. They invited President Jokowi to the SGAR Mempawah for the ceremony, so they want to inject bauxite into the plant. PT Bauxit Alumina Indonesi
Indonesia Customs Reveals Content Data of Containers Stranded at Ports
The Directorate General of Customs and Excise has disclosed the content data of 26,415 containers stranded at multiple ports due to import prohibition and restriction (lartas) regulations. Most of the contents of these containers are industrial raw and auxiliary materials. The Director of Customs Communication and User Guidance stated that the 26,415 stranded containers are in BC 1.1 status, which is the inward manifest. There are 21,166 containers (80%) containing raw and auxiliary materials, while approximately 3,356 containers (about 12.7%) are consumer goods, and 7.17% (about 1,893 containers) are capital goods. This can be interpreted as
Southeast Asia's First Frozen French Fry Factory Begins Operations
This year, PT Indo Agro Plus (PT IAP) is preparing to start production at its frozen french fry factory in West Java. PT IAP is a holding company that will operate the first and only frozen french fry factory in Indonesia and Southeast Asia, using local potato raw materials. Not only in Indonesia, PT IAP is also a pioneer in the Southeast Asian region and the only frozen french fry factory using domestic raw materials. PT IAP's Chief Director stated that everything from seeding, planting, to processing harvested potatoes into frozen french fries is done in Indonesia.
Indonesia's 1.2 Million Ton Annual Capacity Glory Metal Joint Venture Smelting Project Officially Starts
On August 9, the Indonesia Morowali Industrial Park held the groundbreaking ceremony for the 1.2 million ton annual capacity joint venture smelting project of PT Indonesia Glory Metal. Chairman of Tsingshan Industrial Board Xiang Guangda and Executive Director of India's Jindal Stainless Group Abhyuday Jindal attended the ceremony. PT Indonesia Glory Metal is jointly invested by Tsingshan Industrial and India's Jindal Stainless Group, covering a planned area of 150,000 square meters with an annual planned output of 1.2 million tons of stainless steel. This is another fruitful result of their international deep cooperation and complementary integration in industrial technology and market expansion, following the Lanka and Kezan metal projects in the Indonesia Weda Bay Industrial Park.